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Taxes (Tables)
12 Months Ended
Mar. 31, 2020
Income Tax Disclosure [Abstract]  
Components of the income tax benefit
   For the Year Ended 
   March 31,
2020
   March 31,
2019
   March 31,
2018
 
Current income tax provision  $100,741   $9,627   $247,862 
Deferred income tax provision (benefit)   111,757    (106,431)   (155,839)
Total  $212,498   $(96,804)  $92,023 
Schedule of deferred tax assets
   As of
March 31,
2020
   As of
March 31,
2019
 
Allowance for doubtful accounts  $113,062   $129,742 
Deferred revenue   219,177    83,876 
Net operating loss carry-forwards   465,059    402,876 
Total deferred tax asset   797,298    616,494 
Valuation allowance   (525,183)   (213,028)
Deferred tax assets, net  $272,115   $403,466 
Schedule of effective tax rate
For the Years Ended 
   March 31,
2020
   March 31,
2019
   March 31,
2018
 
Statutory PRC income tax rate   25%   25%   25.0%
Favorable tax rate impact (a)   (6.3)%   (11.1)%   (15.3)%
Permanent difference   (4.6)%   (1.6)%   (2.8)%
Change in valuation allowance   (29.0)%   (3.6)%   0.2%
Effective tax rate   (14.9)%   8.7%   7.1%

 

  (a) Distance Learning is subject to a favorable tax rate of 15%; Shanghai Xia Shu, Shanghai Xin Fu, Hunan Huafu, Nanjing Suyun, Guizhou Huafu, Fuzhou Huafu, Liaoning Huafu and Huafu Silu are subject to a favorable tax rate of 10%.
Schedule of taxes payable
   As of
March 31,
2020
   As of
March 31,
2019
 
Income tax payable  $274,296   $285,821 
Value added tax payable   26,239    24,585 
Other taxes payable   13,517    8,279 
Total  $314,052   $318,685